Africa

Nigeria’s central bank set a minimum loan-to-deposit ratio for commercial banks as it seeks to spur lending to stimulate the...

African venture capital (VC) funds are in for a bonanza. VC funds in at least 12 African states, will be...

The Kenyan government has signed agreements with oil major Total, Tullow Oil and Africa Oil Corp to develop a 60,000-80,000...

Zimbabwe has banned the use of international currencies such as the US dollar, South African rand and British pound. Zimbabwe...

Central Bank Governors in the West African monetary zone are committed to ensuring that the convergence criteria for member states...

The world population is expected to increase by two billion people in the next 30 years, from 7.7 billion currently...

Africa's second largest mobile phone operator Airtel Africa on Monday confirmed plans to float on the London Stock Exchange. It's...

Motorcycle taxi companies are expanding in West Africa with backing from investors betting that the meteoric rise of two-wheeled taxi...

"The future of humanity is increasingly African." That's according to UNICEF, summing up how rapidly Africa is changing and growing...

South Africa’s struggling gold industry has suffered yet another humiliation, losing its status as a continent leader to Ghana. The...